Thndr Claps » EGY Claps » Real Estate 🏡 » EGX Approves Madinet Nasr’s Capital Increase Request✔
The EGX agreed to list 374.4 million Madinet Nasr (MNHD) rights on its database as part of the company’s capital increase.
More Details🧐 MNHD will increase its paid-in capital from EGP 1.5 billion to EGP 1.87 billion through a rights issue.
The right will begin trading Tuesday, February 15, 2022, until March 13, 2022.
Why this Matters🤔 Shareholders who owned MNHD up to February 10th, 2022 will be eligible to subscribe to the rights issue, which has a par value of EGP 1/share.
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